Overview Property Details Payment Calculator Walkability

Closed

1465-1467 N Main St, Fall River MA 02720

$700,000

Estimated $1,670.97/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $100,000

Total Rent: 51000/year

Estimated CAP Rate: 4.08%

17 Bedrooms

7 Full Baths

6,000 SqFt

Total Parking: 2

5,314 SqFt

Two multi family houses being sold on one lot. Front house has 4 units, 2 three bedroom, 1 one bed and 1 two bed. Back house has 1 two bed and 2 three bed. All are in good condition. Owner lives there and is moving out in March leaving an empty apartment as well as 2 oth...

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 12:16am (Source: MLS PIN #73073221)

Gross Income: $51,000

Gross Expenses: $22,444

Net Income Calc: $28,556

CAP Rate: 4.08%

Annual Expenses for 1465-1467 N Main St, Fall River MA 02720

Total Gross Expenses (Calculated)$22,444/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance$5,565

Sewer

Trash Removal

Repair & Maintenance$10,448

Management

Miscellaneous

Real Estate Tax$6,431

Annual Income & Unit Breakdown for 1465-1467 N Main St, Fall River MA 02720

Total Gross Income (Calculated)$51,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 4(water

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 4(water

Unit 3

Rental Income$4,250

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 4(water

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 4(water

General Information for 1465-1467 N Main St, Fall River MA 02720

Listing ID73073221

Property TypeMulti Family / 5+ Family

Price$700,000 ($116.67/SqFt)

Style5-9 Family

CityFall River

CountyBristol

MLS AreaSteep Brook

Neighborhood(s)

Approximate Living Area Total6,000 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1465-1467 N Main St, Fall River MA 02720

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceAccountant

Total Gross Expenses By Broker$16,013

Total Gross Income By Broker$120,000

Total Net Income By Broker$120,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.50

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 1465-1467 N Main St, Fall River MA 02720

Real Estate Taxes$6,431

Tax Year2022

Assessed Value$509,600

Financial Data SourceAccountant

Total Gross Expenses By Broker$16,013

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$120,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$120,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.08%

Location Information for 1465-1467 N Main St, Fall River MA 02720

Elementary SchoolSilvia

Middle SchoolKuss

High SchoolDurfee

Neighborhood(s)

MLS AreaSteep Brook

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Marina, Private School, University

Contact Information for 1465-1467 N Main St, Fall River MA 02720

Agent

Name: Louise Methot

MLS ID: FR800654

Office ID: AN3817

National Association ID: 450501069

Address: 919 Bay Street Unit 102

City: Fall River

State: MA

Zip: 02724

Office

Name: Keller Williams South Watuppa

MLS Office ID: AN3817

Phone: 508-677-3233

Team Members

Name: Normand Messier

MLS ID: CN221593

Office ID: AN3817

National Association ID: 450550891

Phone: 508-846-6274

City: Fall River

State: MA

Payment Calculator

$4,849.10 per month

30 Years Fixed, 6.75% Interest

Property Taxes $535.92

Principal & Interest $4,313.18

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

Louise Methot

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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        )

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    [year_built_details] => Approximate
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    [zoning] => B
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EXIT

Closed

1465-1467 N Main St, Fall River MA 02720

$700,000

Annual Expenses for 1465-1467 N Main St, Fall River MA 02720

Annual Income & Unit Breakdown for 1465-1467 N Main St, Fall River MA 02720

General Information for 1465-1467 N Main St, Fall River MA 02720

Disclosures for 1465-1467 N Main St, Fall River MA 02720

Financial Information for 1465-1467 N Main St, Fall River MA 02720

Location Information for 1465-1467 N Main St, Fall River MA 02720

Contact Information for 1465-1467 N Main St, Fall River MA 02720

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Exclusive Listing Agent

Keller Williams South Watuppa

Louise Methot